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What are the 7 Key Takeaways from Facebook's Libra Hearings?

What are the 7 Key Takeaways from Facebook's Libra Hearings?

The debate on Facebook's Libra continues with the hearing with Senate Banking Committee on 16 July and the United States House Committee of Financial Services on 17 July. Here are the 7 key takeaways from the two hearings.

Social Media Site X Limits Changpeng Zhao's Account Access

Social Media Site X Limits Changpeng Zhao's Account Access

Changpeng Zhao, former Binance CEO, faced account restriction on social media platform X amidst legal challenges, leading to widespread speculation in the crypto industry.

TikTok Owners Launch Blockchain and AI company with Shanghai Dongfang Newspaper

TikTok Owners Launch Blockchain and AI company with Shanghai Dongfang Newspaper

TikTok owners agree to a new partnership to advance blockchain advancements with Chinese News Outlet, Shanghai Dongfang Newspaper Company.

Libra Association Appoints Former Homeland Security General Counsel to Head Its Legal Services

Libra Association Appoints Former Homeland Security General Counsel to Head Its Legal Services

Libra appoints Stevan Bunnell, former Homeland security department general counsel, as its own general counsel.

Golden Gate University Establishes Blockchain Law for Social Good Center to Aid Regulation

Golden Gate University Establishes Blockchain Law for Social Good Center to Aid Regulation

The Golden Gate University School of Law has teamed up with Algorand Foundation to set up Blockchain Law for Social Good Center to eliminate regulatory scepticism.

The Rise of the Anon: Protecting Innovation

The Rise of the Anon: Protecting Innovation

Anonymity is increasingly offering protection to innovators as well as their ideas.

Libra Appoints New Chief Compliance Officer, Third C-Suite Executive Appointed with a Strong Compliance Track Record

Libra Appoints New Chief Compliance Officer, Third C-Suite Executive Appointed with a Strong Compliance Track Record

The Libra Association appointed Sterling Daines as its new Chief Compliance Officer, who is currently the Managing Director and Global Head of Financial Crime Compliance at Credit Suisse. He is expected to leave his position at Credit Suisse and join the Libra Association later this year. Prior to Credit Suisse, he was the Managing Director and Deputy Head of Financial Crime Compliance at Goldman Sachs and has worked as a consultant to the US Department of Justice and the Financial Crimes Enforcement Network (FinCEN).

Mask Network (MASK) Bonfire Union Achieves $100 Million Milestone

Mask Network (MASK) Bonfire Union Achieves $100 Million Milestone

Mask Network launches $100 million fund under Bonfire Union, supporting decentralized social networks and infrastructure, driving Web3 innovation, and contributing to Mastodon and Web3 education through $10 million builder initiative.

Japanese Mobile Operator Partners with Accenture to Boost ESG Using Web3

Japanese Mobile Operator Partners with Accenture to Boost ESG Using Web3

NTT DOCOMO, the leading mobile operator in Japan, has collaborated with Accenture to propel the application and adoption of Web3 when tackling social issues.

Meet the UK Soccer Team Backed by Bitcoin

Meet the UK Soccer Team Backed by Bitcoin

Real Bedford, a new English lower league club, has been significantly boosted by a Bitcoin investment from the Winklevoss twins. The twins, known for their role in Facebook and the Gemini crypto exchange, aim to help Real Bedford climb the soccer league pyramid.

Ray Dalio’s Bridgewater Associates Prepares to Invest in a Crypto Fund

Ray Dalio’s Bridgewater Associates Prepares to Invest in a Crypto Fund

Hedge fund giant Bridgewater Associates is looking to tap into the digital asset space for the first time.

Nansen CEO Predicts Six Key Trends in Crypto

Nansen CEO Predicts Six Key Trends in Crypto

Nansen.ai CEO, Alex Svanevik, outlined six pivotal crypto trends on Twitter, emphasizing the synergy of fintech and crypto, DeFi's potential in gambling, the growing relevance of real-world assets like T-bills, the impending rise of Web3 gaming, SocialFi's development, and Physical NFTs' retail integration. The thread also welcomed community input, reflecting on other emerging trends like blockchain in fantasy sports.

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